The Bulgarian government’s decision to approve the transfer of a 33% stake in the Black Sea Khan Tervel exploration block to Turkish Petroleum Overseas Company Ltd. has triggered debate over […]
Business News
Bulgaria Tightens Fruit and Vegetable Import Controls Amid Market Concerns
State measures against illegal imports of fruits and vegetables should have been introduced much earlier and should become a permanent practice, according to Tsvetan Tsekov, chairman of the Branch […]
Bulgaria: Low Danube Levels Pose No Threat to Kozloduy NPP Operations
Energy Minister Iva Petrova said there is no danger of Bulgaria‘s Kozloduy Nuclear Power Plant shutting down despite the historically low water levels in the Danube River. Speaking during a visit to […]
Dozens of Hungarians Left Without Prepaid Bulgaria Vacations
Dozens of Hungarian tourists were left without the summer vacations they had already paid for after charter flights to Bulgaria were canceled at the last minute and hotel reservations were reportedly […]
Church and Politics Collide as Bulgaria’s PM Rejects Sanctions on Russian Patriarch Kirill
Bulgaria’s Prime Minister Rumen Radev has drawn political attention after comparing the roles of the Bulgarian Patriarch and Russia’s Patriarch Kirill, in remarks that sparked a broader debate about religion, sanctions, and […]
Fuel Shock: Bulgaria Sees Biggest Price Surge in Entire EU
Bulgaria recorded the sharpest annual increase in fuel and lubricant prices across the European Union in May, according to Eurostat data. Compared with the same month a year earlier, prices in the […]
Bulgarian Competition Commission Fines Firms Over Misleading “Butter” Labeling
The Commission for the Protection of Competition (CPC) in Bulgaria has imposed fines totaling 309,689 euros on two companies over the misleading marketing of a product presented as butter. The sanctions […]
Will Higher Taxes on Second and Third Homes Cool the Property Market in Sofia?
Sofia’s housing market is entering a new phase in which the focus is gradually shifting from the traditionally dominant southern districts to emerging areas in the north of […]
Ukrainian Investor Nevzorov Rejects Allegations in “Baba Alino” Case
Ukrainian investor and KYB corporation owner Oleg Nevzorov has rejected allegations of misconduct and political protection in connection with an ongoing investigation related to the “Baba Alino” construction project […]
Bulgaria to Assemble Chinese EVs for EU Market in Lovech Area
Bulgaria is preparing to restart passenger car manufacturing, with plans for the country to become the exclusive EU production hub for the upcoming GWM Ora 5, an electric […]